Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Changes in Stockholders' Equity (unaudited)

v3.20.4
Condensed Consolidated Statements of Changes in Stockholders' Equity (unaudited) - USD ($)
Common Stock
Additional Paid-In Capital
Retained Earnings/Accumulated Deficit
Total
Balance at Dec. 31, 2018 $ 410 $ 3,838,395 $ 1,161,201 $ 5,000,006
Balance (in shares) at Dec. 31, 2018 4,098,712      
Change in the value of common stock subject to possible redemption [1] $ 13 (231,610) (231,597)
Change in the value of common stock subject to possible redemption (in shares) [1] 128,376      
Net income (loss) 231,595 231,595
Balance at Mar. 31, 2019 $ 423 3,606,785 1,392,796 5,000,004
Balance (in shares) at Mar. 31, 2019 4,227,088      
Change in the value of common stock subject to possible redemption [1] $ 3 10,830 10,830
Change in the value of common stock subject to possible redemption (in shares) [1] 37,203      
Net income (loss) (10,830) (10,830)
Balance at Jun. 30, 2019 $ 426 3,617,615 1,381,966 5,000,007
Balance (in shares) at Jun. 30, 2019 4,264,291      
Balance at Dec. 31, 2019 $ 446 3,929,663 1,069,901 5,000,010
Balance (in shares) at Dec. 31, 2019 4,458,149      
Change in the value of common stock subject to possible redemption $ 2 217,406 217,408
Change in the value of common stock subject to possible redemption (in shares) 21,129      
Net income (loss) (217,411) (217,411)
Balance at Mar. 31, 2020 $ 448 4,147,069 852,490 5,000,007
Balance (in shares) at Mar. 31, 2020 4,479,278      
Change in the value of common stock subject to possible redemption [2] $ (39) (4,083,569) (4,083,608)
Change in the value of common stock subject to possible redemption (in shares) [2] (390,056)      
Issuance of commitment shares and leak-out shares and beneficial conversion feature in connection with convertible promissory notes $ 105 2,869,892 2,869,997
Issuance of commitment shares and leak-out shares and beneficial conversion feature in connection with convertible promissory notes (in shares) 1,050,000      
Stock-based compensation   2,625,000 2,625,000
Waiver of deferred underwriting fee 4,025,000 4,025,000
Net income (loss)     (5,436,388) (5,436,388)
Balance at Jun. 30, 2020 $ 514 $ 9,583,392 $ (4,583,898) $ 5,000,008
Balance (in shares) at Jun. 30, 2020 5,139,222      
[1] Includes the redemption of 5,128,523 shares of common stock on March 5, 2019 and 1,580,762 shares of common stock on June 5, 2019.
[2] Includes the redemption of 67,665 shares of common stock on April 8, 2020.